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The table below offers a collection of data aimed at giving potential franchisees a glimpse into their market landscape. Click Read More to delve deeper, uncovering additional information to assist you in making a well-informed decision. These insights are tailored to highlight the opportunities in your city as you consider a franchise purchase.
| Key Data Points: Boise, ID 2024 | ||
| Data | Boise, ID | Nationwide |
|---|---|---|
| Population | 241.92 thousand | 333.2 million |
| Proj. 5 Year Population Growth | -1.8494% | 0.5% |
| Median Household Income | $116,780 | $74,580 |
| Median Age | 37.38 | 38.9 |
| Residents per Business | 1 to 20 | 10 to 1 |
| Annual Household Expenditures | $10.92 billion | $23.9 trillion |
| City Data retrieved from https://sitesusa.com/Data | ||
Franchising Landscape
With Boise's estimated average household income for 2023 at $119,915 and a median household income of $80,556, the financial backdrop of the city supports investments in home services franchises, which can encompass landscaping, cleaning, and renovations. The projected growth of household income by 2028 to $126,970 further reinforces the potential success of these services as residents may have more discretionary spending. Considering that 66.8% of housing units are owner-occupied, and the median home value is $473,908, homeowners are likely to invest in maintaining and upgrading their properties, presenting a robust opportunity for home service franchises.
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Entertainment franchises could find a welcoming market in Boise, given the $468.11 million annual expenditure on entertainment. With a population density of 2,798 people per square mile and a trade area size of 85.0 square miles, there is a concentrated market that could support entertainment venues such as family fun centers or escape rooms, which could serve as popular local destinations.
Lastly, the food industry cannot be overlooked in Boise, with a substantial annual food and beverage expenditure of $1.18 billion. This indicates a high demand for dining and grocery options, suggesting room for growth in food franchises. The prevalence of 2-person households, which make up 34.4% of all households, may indicate a trend towards convenience dining, further bolstering the case for fast-casual or quick-service restaurant franchises that cater to small families or working professionals. Additionally, the presence of 12,241 businesses suggests potential for lunchtime clientele for food franchises located near business districts.
Explore the franchise listings below and take the first step towards a rewarding business venture.
Boise, Idaho Franchise Opportunities (and Businesses for Sale)
| Order | Franchise Name | Industry Name | Available Capital | ||
|---|---|---|---|---|---|
| 1 |  | American Business Systems, LLC | Financial Franchises | $30,000 | |
| 2 |  | Zoomin Groomin | Pet Franchises | $90,000 | |
| 3 |  | Health Atlast | Health & Fitness Franchises | $300,000 | |
| 4 |  | Automated Investments | Business Opportunities | $100,000 | |
| 5 |  | BrightStar Care | Senior Care Franchises | $100,000 | |
| 6 |  | GarageExperts | Home Services & Repair Franchises | $60,000 | |
| 7 |  | Batteries Plus | Retail Franchises | $100,000 | |
| 8 |  | Healthy YOU Vending | Vending Franchises | $25,000 | |
| 9 |  | SiteSwan Website Builder | Business Opportunities | $199 | |
| 10 |  | Zoom Room | Pet Franchises | $200,000 |
Is Boise Be the Right Place to Launch Your Franchise?
- What's the business landscape like in Boise?
- Is there a reliable workforce for my franchise?
- Are operational costs affordable in Boise?
- How financially stable is the community?
- What makes Boise a great fit for franchise owners?
Question:What's the business landscape like in Boise?
Answer:Boise is home to 105,361 businesses, meaning franchise owners can enter a market with less direct competition and a more localized customer base.
Question:Is there a reliable workforce for my franchise?
Answer:Yes! The city has 124,505 employed individuals, providing a steady and loyal workforce for franchise owners.
Question:Are operational costs affordable in Boise?
Answer:Absolutely. With a median rent of $1,335, franchise owners in Boise can benefit from lower real estate costs, making it easier to secure commercial space.
Question:How financially stable is the community?
Answer:The average household income in Boise is $116,780, supporting a stable and engaged customer base.
Question:What makes Boise a great fit for franchise owners?
Answer:With 102,374 housing units and a strong sense of community, Boise provides a stable market where franchises can establish long-term success.
At Franchise Ventures, we prioritize transparency and objectivity to empower your franchise decisions. Unlike brokers or franchisors, our motivations are unclouded by financial incentives tied to your choices. We don't earn based on the franchise you opt for, instead, our mission is to present you with impartial insights. Navigate through a realm of franchising opportunities with information you can trust.